Pros
Good to have on your CV.
Cons
It's just too intense. There is constant pressure to deliver "perfect" and scaleable solutions. Performance review is overly bureaucratic. Promotions are unfair: it mostly depends on how good your manager is and how well people know you. As a result, everyone constantly wastes time in pointless meetings and talking about their work just to gain visibility, as oppose to actually working. Risk-taking is not rewarded; you should not bother spending time on projects that are not guaranteed to succeed. It is better to land a mediocre incomplete product that will live long enough to get you promoted before getting killed off. The team I was on saw many of the most senior VPs and directors abandoning the project when they saw that it wasn't profitable, which is unfair because those at are bottom of hierarchy do not have access to these profit margins, but they end up paying the cost of the failure. Quantity is highly favoured and quality is silently punished. For example, I interviewed many candidates and spend a lot of time and effort to ensure that my interview reports were well-written and detailed, but I noticed that my colleagues hardly cared about this and wrote short and appallingly written reports. Guess which interviewer was shamed on? Me, because apparently I was "slower" than my peers. I want to say that the layoffs made things worse, but I'm starting to thinking that's not true. If anything, what the layoffs did is really just shred light on everything that's wrong with the company.
